Pt LGND Flr 20 Old Bailey, EC4M 7AN
Office and Premises Decided 31 July 2025 CHG100547627 Knight Frank - Bjorn Bowles
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 12 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
Multiple office floor spaces within 20 Old Bailey, London were appealed on rateable value grounds. The appellants argued for a tone of £475 psm (later revised from £450 psm), based on rental evidence from within the subject building and comparable properties. The tribunal found the current RV at £525 psm was unreasonable and, accepting that there was a difference in tone between newly built and refurbished properties, determined that a tone of £500 psm was appropriate based on comparable evidence from 10 Old Bailey (£480 psm) and 60 Ludgate Hill (£550 psm), with adjustments for the subject property being superior to the former but inferior to the latter.
Summary generated from the decision text and checked against it. The appellant was Withers LLP, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, comparable_assessments, Photographs
- Cases cited
- Dawn Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC); Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Denton v TH White Ltd [2014] EWCA Civ 906
- Hearing
- 1 July 2025
Similar decisions
- 5 TH FLR 1, BARTHOLOMEW LANE, EC2N 2AX — Dismissed, 10 Sept 2026
- Petronas Energy Trading Ltd, Petronas Energy Trading Ltd, EC4M 7AW — Dismissed, 20 Jul 2026
- Equistone Partners Europe Limited, PT 6TH FLR 60 Ludgate Hill, EC4M 7AW — Dismissed, 20 Jul 2026
- Ropes & Gray International Llp, 5th Floor South, EC4M 7AW — Dismissed, 20 Jul 2026
All decisions in City of London Corporation · Offices nationally
Is your own rateable value in line?
A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.
Check a propertyThe tribunal’s decision in full
Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.